# iGii funding: rounds and investors

> iGii has raised $27M across 2 rounds since 2024. Investors include Par Equity, Scottish National Investment Bank and Scottish Enterprise.

Source: https://millionrounds.com/company/igii (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Series B startup](https://millionrounds.com/companies)

# Who invested in *iGii*

2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Chemicals & Materials Deeptech

Raised 2 months ago

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Funding summary Updated 5 Nov 2026

**$27M** raised across 2 rounds since 2024, from 3 sources

**$11M** Venture **$16M** Series B

- **Latest round:** Series B, $16M Sept 2026
- **Led by:** Scottish National Investment Bank
- **Step-up i:** 1.4×
- **Investors:** 6 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025 2026

**$11M** Venture

**$16M** Series B

- **First round:** Venture, $11M
- **Biggest round:** $16M
- **Between rounds:** 2.3 years

## The rounds

- **Sept 2026** Series B **$16M** *4 new* *1 returning* [Scottish National Investment Bank](https://millionrounds.com/fund/scottish-national-investment-bank) Lead [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) [Par Equity](https://millionrounds.com/fund/par-equity) [Archangels](https://millionrounds.com/fund/archangels) [PXN Ventures](https://millionrounds.com/fund/pxn-ventures) Reported by Archangels and 1 other
- **Jun 2024** Venture **$11M** *2 new* [Techstart Ventures](https://millionrounds.com/fund/techstart-ventures) [Par Equity](https://millionrounds.com/fund/par-equity) Source recorded

## Founders and team

From iGii's own website: 1 founder, 12 on the team.

**Dr. Marco Caffio** Co-founder and Chief Scientific Officer

- **Jean-Christophe Granier** Chief Executive Officer and Chief Commercial Officer
- **Andrew Lacey** Chief Operating Officer
- **Leigh Annison** Chief People Officer
- **Rob Kennedy** Chief Financial Officer
- **Dr. Pablo Lozano Sanchez** Head of R&D and Product Development
- **Chris Gauld** Non-executive Chairman
- **Dr Joanne Holmes** Sales Director
- **Dr. James Youell** Sales Director
- **Ewen McLellan** Non-Executive Director
- **Helen Adams** Non-Executive Director
- **Jane Stewart** Non-Executive Director
- **Tom O’Reilly** Director of R&D Sensor Engineering and Innovation

Advisers *Peter Langley*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2024 **Series B** 2026 [Par Equity](https://millionrounds.com/fund/par-equity) [Scottish National Investment Bank](https://millionrounds.com/fund/scottish-national-investment-bank) L [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) [Techstart Ventures](https://millionrounds.com/fund/techstart-ventures) [Archangels](https://millionrounds.com/fund/archangels) [PXN Ventures](https://millionrounds.com/fund/pxn-ventures)

## Everyone who backed them

[Par Equity](https://millionrounds.com/fund/par-equity) VC firm **2** rounds

[Scottish National Investment Bank](https://millionrounds.com/fund/scottish-national-investment-bank) Growth equity **1** round, led 1

[Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) Government **1** round

[Techstart Ventures](https://millionrounds.com/fund/techstart-ventures) VC firm **1** round

[Archangels](https://millionrounds.com/fund/archangels) Angel network **1** round

[PXN Ventures](https://millionrounds.com/fund/pxn-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=igii).

## Quick answers about iGii

### Who invested in iGii?

iGii's investors include Par Equity, Scottish National Investment Bank, Scottish Enterprise, Techstart Ventures and Archangels, and 1 more on record. Scottish National Investment Bank led its latest round.

### How much has iGii raised?

iGii has raised $27M across 2 rounds since 2024.

### When did iGii last raise?

iGii's most recent round was a Series B of $16M in Sept 2026, led by Scottish National Investment Bank.

### What was iGii's biggest round?

Its most recent round, $16M in Sept 2026, is also its largest on record.

### Who backed iGii first?

iGii's first round on record, in Jun 2024, was backed by Techstart Ventures and Par Equity.

### What stage is iGii at?

iGii's latest named round is a Series B, in Sept 2026.

### Where is iGii based?

iGii is based in the United Kingdom.

### Who led iGii's rounds?

Scottish National Investment Bank led the Series B in 2026.

## Companies like iGii

In the same sector, and raised in the last eighteen months.

[**Concretene** $9.9M · Oct 2026](https://millionrounds.com/company/concretene)[**Adaptavate** $15M · Oct 2026](https://millionrounds.com/company/adaptavate)[**Dragonfly Advanced Materials** $2.0M · Sept 2026](https://millionrounds.com/company/dragonfly-advanced-materials)[**MicroLub** $15M · Sept 2026](https://millionrounds.com/company/microlub)[**AcouBatt** $3.0M · Sept 2026](https://millionrounds.com/company/acoubatt)[**Eterna Regeneratives** $4.0M · Sept 2026](https://millionrounds.com/company/eterna-regeneratives)

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